Strong Financial Performance
Adjusted EPS for Q4 was $1.37, marking a 28% increase compared to the previous year. Adjusted EBITDA for Q4 was $289 million, representing a 12% growth versus FY '23.
Record Backlog Growth
Consolidated backlog increased 23% year-over-year in Q4, with a trailing 12-month book-to-bill ratio of 1.35x and a Q4 book-to-bill of 1.67x.
Strategic Shift and Debt Repayment
Completion of the separation transaction involving Critical Mission Solutions and Cyber Intelligence businesses, receiving $911 million, which was used to repay existing debt.
Water and Environmental Segment Growth
Double-digit growth in the Water and Environmental segment during Q4, driven by significant wins such as the Los Angeles sanitation environment project.
Positive Fiscal Year 2025 Outlook
Guidance for adjusted EPS to range from $5.80 to $6.20, indicating about 14% growth year-over-year.